Today’s brand of boutique hotel is largely characterized by its smaller size (10-100 rooms), personalized service, and local personality, which can vary dramatically depending on where the property is located.
Inflation will be the story of 2022. Inflation will be the catalyst that creates the next story – the Fed’s attempt to gradually increase interest rates to curb the runaway inflation. Both of these will lead to my main prediction of 2002 – increases in rents for both residential and commercial product.